Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. BG Medicine's Pre-Tax Income for the
three
months ended in Dec. 2015 was $-0.90 Mil. BG Medicine's Revenue for the
three
months ended in Dec. 2015 was $0.29 Mil. Therefore, BG Medicine's pretax margin for the quarter that ended in Dec. 2015 was -311.03%.
The historical rank and industry rank for BG Medicine's Pretax Margin % or its related term are showing as below:
BGMD's Pretax Margin % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 0.08 * Ranked among companies with meaningful Pretax Margin % only.
BG Medicine Pretax Margin % Historical Data
The historical data trend for BG Medicine's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of BG Medicine's Pretax Margin %
For the Medical Instruments & Supplies subindustry, BG Medicine's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
BG Medicine's Pretax Margin % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, BG Medicine's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where BG Medicine's Pretax Margin % falls into.
BG Medicine Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
BG Medicine's Pretax Margin for the fiscal year that ended in Dec. 2015 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BG Medicine (OTCPK:BGMD) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
BG Medicine Pretax Margin % Related Terms
Thank you for viewing the detailed overview of BG Medicine's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
BG Medicine Inc manufacture and sell diagnostic products that are used to guide the patients suffering from heart failure and related disorders in the United States. It distributes its products such as BGM Galectin-3 Test, an in vitro diagnostic device that measures galectin-3 in serum or plasma by enzyme-linked immunosorbent assay on a microtiter plate platform; and CardioSCORE Test, a multi-analyte biomarker-based blood test used for the assessment of near-term risk of atherothrombotic cardiovascular events, such as heart attack and ischemic stroke.
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